Vermont vs Wyoming Taxes: Income, Property & Sales

Does Vermont or Wyoming have lower taxes? We answer that in a variety of ways below:

Vermont vs Wyoming Income Tax Comparison

	Vermont	Wyoming
Income Tax Rates & Thresholds	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+	None
Median Income	$72,190	$73,090
Income Tax Paid On Median Household Income	$11,377	$8,848
Income After Tax Based on Median Household Income	$60,813	$64,242

Top Accounting Software:

Vermont vs Wyoming Property Tax Comparison

	Vermont	Wyoming
Average Property Tax Rate	1.43%	0.64%
Average House Price By State	$383,882	$337,102
Average Property Tax Owed Per Year	$5,490	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,323	$62,085

Vermont vs Wyoming Sales Tax Comparison

	Vermont	Wyoming
Average State Sales Tax	6.00%	4.00%
Average Local Sales Tax Across the State	0.24%	1.22%
Average Combined Sales Tax Rate	6.24%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,249	$3,080
Maximum Disposable Income Based on Median Household Income	$52,074	$59,005

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Vermont	Wyoming
Income Tax Owed	$4,022	$3,040
After Tax Income	$35,978	$36,960
Income After Income & Property Tax	$30,488	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$28,698	$33,076

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Vermont	Wyoming
Income Tax Owed	$7,891	$5,968
After Tax Income	$52,109	$54,032
Income After Income & Property Tax	$46,619	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$43,881	$49,301

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Vermont	Wyoming
Income Tax Owed	$13,611	$10,368
After Tax Income	$66,389	$69,632
Income After Income & Property Tax	$60,899	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$57,323	$64,127

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Vermont	Wyoming
Income Tax Owed	$19,331	$14,768
After Tax Income	$80,669	$85,232
Income After Income & Property Tax	$75,179	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$70,764	$78,953

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Vermont	Wyoming
Income Tax Owed	$11,445	$8,481
After Tax Income	$88,555	$91,519
Income After Income & Property Tax	$83,065	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$78,187	$84,928

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Vermont	Wyoming
Income Tax Owed	$24,800	$18,536
After Tax Income	$125,200	$131,464
Income After Income & Property Tax	$119,710	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$112,679	$122,892

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Vermont	Wyoming
Income Tax Owed	$39,233	$29,536
After Tax Income	$160,767	$170,464
Income After Income & Property Tax	$155,277	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$146,157	$159,957

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Vermont	Wyoming
Income Tax Owed	$54,952	$41,455
After Tax Income	$195,048	$208,545
Income After Income & Property Tax	$189,558	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$178,425	$196,149

FAQ

Does Vermont or Wyoming have lower income taxes?

Vermont’s income tax falls into the following range:

• 3.35%: $0-$42,150
• 6.60%: $42,151-$102,200
• 7.60%: $102,201-$213,150
• 8.75%: $213,151+

Whereas Wyoming’s income tax is the following None

Does Vermont or Wyoming have lower property taxes?

Vermont has an average property tax rate of 1.43%

In comparison, Wyoming has an average property tax rate of 0.64%

Does Vermont or Wyoming have lower sales taxes?

Vermont has a state sales tax rate of 6.00% and an average local rate of 0.24% for a combined total rate of 6.24%.

In contrast, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.

Do you get to keep more money in Vermont or Wyoming?

Based on median household income after income, property and sales taxes Vermont gives you a maximum amount of disposable income of $52,074

In comparison, Wyoming gives you $59,005.

More Comparisons:

California vs Florida
California vs New York
California vs Pennsylvania
California vs Illinois
California vs Ohio

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/